Copart

CPRT · Industrials · Market cap $27.0B

Q3 FY26 Apr 30, 2026 reported May 29, 2026

Revenue$1.2B +2% year over year

Gross profit$0.6B

Operating profit$0.5B

Net profit$0.4B 33% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q3 FY26 (period ends Apr 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.2	100%	+2%
Service revenues United States	0.9	75%	+0%
Service revenues International	0.2	17%	+18%
Vehicle sales United States	0.1	8%	+0%
Vehicle sales International	0.1	8%	+7%
Cost of revenue	−0.6	50%
Gross profit	0.6	51% margin	+1pp
G&A	−0.1	9%	+0pp
Other	−0.1	5%	+0pp
Operating profit	0.5	38% margin	+0pp
Tax	−0.1
Net profit	0.4	33%	−1pp

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jan 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.1	100%	−4%
Service revenues United States	0.8	73%
Service revenues International	0.1	9%
Vehicle sales United States	0.1	9%	−4%
Vehicle sales International	0.1	9%	+3%
Cost of revenue	−0.6	55%
Gross profit	0.5	45% margin	−5pp
G&A	−0.1	9%	+1pp
Other	−0	1%	+0pp
Operating profit	0.4	35% margin	−2pp
Tax	−0.1
Net profit	0.4	31%	−2pp

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Oct 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.2	100%	+1%
Service revenues United States	0.9	75%
Service revenues International	0.1	8%
Vehicle sales United States	0.1	8%
Vehicle sales International	0.1	8%
Cost of revenue	−0.6	50%
Gross profit	0.6	51% margin	+2pp
G&A	−0.1	9%	+0pp
Other	−0.1	5%	+0pp
Operating profit	0.4	37% margin	+2pp
Tax	−0.1
Net profit	0.4	35%	+3pp

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Jul 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.1	100%	+5%
Vehicle sales	0.7	64%
General and administrative	0.4	36%
Cost of revenue	−0.6	55%
Gross profit	0.6	50% margin	+3pp
G&A	−0.1	9%	+0pp
Other	−0.1	5%	+0pp
Operating profit	0.4	37% margin	+3pp
Tax	−0.1
Net profit	0.4	35%	+5pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q3 FY26	Apr 30, 2026	May 29, 2026	$1.2B	+2%	42%	$0.4B	33%
Q2 FY26	Nov 1, 2025 – Jan 31, 2026	Mar 3, 2026	$1.1B	−4%	36%	$0.4B	31%
Q1 FY26	Aug 1 – Oct 31, 2025	Nov 24, 2025	$1.2B	+1%	33%	$0.4B	35%
Q4 FY25	May 1 – Jul 31, 2025	Sep 26, 2025	$1.1B	+5%	36%	$0.4B	35%